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Russia-Ukraine conflict: Crisis adds to supply chain stress

CA, 26 Feb 2022
The COVID-19 pandemic did a number on supply chains and now the escalating, violent conflict in Ukraine is adding to that stress.

The war is hitting stock and bond markets around the world, pumping up the already high price of oil which drives up the cost of pretty much everything else according to economists.

Seven in 10 businesses across Canada found supply chain challenges got worse this winter, while more than 90 per cent expect things to stay the same or go downhill this spring.

The top three supply chain problems: delivery delays, higher input costs and supply shortages.

Anne Gaviola reports.

For more info, please go to https://globalnews.ca/news/8643964/ukraine-russia-food-prices-canada/

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